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Saturday, November 23, 2024

India: Silico manganese price stable on limited demand - Mysteel Global

Last updated Wednesday, December 22, 2021 19:35 ET , Source: NewsService

ABSTRACT

India's silico manganese prices remained stable w-o-w, with marginal deviations owing to moderate domestic demand. Producers are continuously trying to increase offers, but buyers are negotiating hard; resisting the price hike.

According to SteelMint's assessment on 20 Dec'21, the current market prices for 60-14 grade are at INR 91,950/tonnes(t) exw- Durgapur and INR 92,450/t exw- Raipur. Overall, India's three major producing regions (Raipur, Durgapur and Vizag) are offering in the range of INR 91,000-93,000/t- exw. Market highlights: There is limited demand in the

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